Four local authority pension funds left homeless under plans to consolidate the Local Government Pension Scheme have announced their new preferred pool.
Seven local authority pension funds seeking a new home under plans to consolidate the Local Government Pension scheme have announced Border to Coast Pensions Partnership as their preferred pool.
The deadline to pool assets under the Local Government Pension Scheme may be unrealistic, while concerns over potential conflicts of interest under the new arrangements have not been fully addressed...
Asset pooling under the Local Government Pension scheme must be completed by next March, with “limited flexibility” for funds still thrashing out new arrangements, the government has confirmed.
Proposals mandating Local Government Pension Schemes to transfer their assets to pension pools in less than two years will be a challenge for officers, an expert has said.
